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So . . . I Guess Bloomberg Won't Be Buying The New York Times

Posted by: Jon Fine on October 1, 2008

This news will, at long last, put at least a temporary kibosh on the whole wacky notion that a post-Mayoral Michael Bloomberg might buy the New York Times. Some Bloomberg intimates took care to ensure that particular trial balloon was kept aloft, despite direct demurrals from Bloomberg himself.

I always found this notion extremely implausible, for reasons that I outlined in this column. At any rate, say what you will about whether or not term limits should be lifted in such a fashion. But, speaking as a New Yorker, I will be grateful to be spared seeing any “what will Bloomberg do next?” articles for—maybe!—four more years.



The media world continues to shapeshift as new forms arise and old assumptions erode. On this blog, Bloomberg Businessweek will provide sharp analysis and timely reports on the transformation of this constantly changing terrain.



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